After the mess we inherited, how do we ensure that we build up the economy and get the sustainable growth that will increase living standards? The answer is set out in this Finance Bill.
It is worth pointing out the measures in the Bill that the Labour party will vote against this evening. There is the annual investment allowance, which will help
manufacturing and other businesses up and down the country. It means that nearly 5 million businesses will get 100% relief on capital expenditure. That was welcomed by the hon. Member for Houghton and Sunderland South. Labour Members will vote against that. There are the reforms to R and D tax credits, which will help businesses to start up. [Interruption.]